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20110701
20110731
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in new world. it is obvious a lot of cheap products come from abroad whether it is china or india or other places with low-cost labor. the focus on the u.s., it is widely agreed it needs to be on producing skilled workers who need to be able to beat out from around the world. on the repatriation tax holiday issue, the u.s. companies that have expanded overseas now have a lot of money in their overseas accounts. they have made the case to have a tax holiday to bring it back to the u.s. and invest the in u.s. jobs. it is gaining some traction as an idea. one concern is that u.s. companies have quite a bit of cash on their balance sheets at home. they are not using got to go out and create new jobs as much as they could. part of it is they do not see the demand. consumers are not spending as much as they would need to support something like that. there's a lot of cash and use right now. host: what is the rate they are taxed at? guest: the highest tax rates are around 35%. there is discussion of bringing them closer to 25%. the problem is tax rates are spread out so broadly among diff
their duty. i do not see them going to china or india. they are still living here because it's still the best place in the world. host: funeral service will be held for former first lady betty ford today. look for our coverage on c- span.org. first lady michelle obama will be attending that funeral. this is in "the new york times" op-ed section today. democratic caller, you are the last on this topic. mini deal or grand bargain? caller: just like we have a new york state lotto, why don't we have a government lotto? i know i would buy a ticket. everybody would. the money would be going to social security. that would help out the country. the other thing we do -- our troops. that would also save trillions of dollars. thank you very much. host: coming up in about 45 minutes, we will talk to the chamber of commerce and get their perspective, the business perspective on these debt talks. coming up next, we will talk to congressman chaka fattah about the debt talks. we will be right back. >> senators will continue debating the debt and deficit in next week. keep up to date with c-span's congression
that we used to make care are now being made in china and india and are being imported. you also have technology. if you go into a modern auto factory, there are fewer people walking around than there was 30 years a. go in the long run, those are good things. it makes people more productive and wealthier and that sort of thing. in the near term, that can have the effect that the caller is talking about which is fewer jobs available and less work to go around especially for people who don't have the best educations and want to work with their hands. it is definitely a phenomenon that is going on. host: raleigh, north carolina, republican line. caller: i have a question and comment. do you think that na the relativeivete of president obama when he took office accounts for the fact that he overstated and misrepresented the effect of the stimulus bill? we know that he is learning on the job. i want to know if the stimulus bill in itself was adequate or was obama misrepresenting it? secondly, with the unemployed rate rising, is that not more of an example of the cyclical economic trends th
for. sending jobs to china and india. job say let's protect creators, but there are no jobs. they just keep selling us out and selling us out. host: there is of the work on twitter -- a couple of stories talking about the financial implications of what's going on right now in washington. and a similar story -- let's hear from virginia beach on our independent line, don. caller: good morning. i would like to speak on the last gentleman's comments. i don't understand why people just don't see a the whole system is broken. our political system is broken. all of these congressmen, democrats and republicans, have too many special interests. the lobbyists are the problem. host: you are echoing comments made by -- caller: they talk about our political system in this country as a sham. host: i think we lost him. let's go to a democratic caller in new hampshire, ron. our focus is the balanced budget amendment. is it necessary? caller: i don't believe it is. a matter what kind of numbers you put up there, if we need the money, we're going to print some more. to echo the last couple previous call
china, india, and brazil. when i say things that we may, i mean things that are made here in america. the american economy is slowly becoming more export-oriented and manufacturing oriented. you can see an upturn taking place in the manufacturing sector and the export sector. the problem is that in the last 10 to 20 years, as the economy became so dependent on american consumers, they got really cleaned out. the growth of that we are seeing in manufacturing, believe it or not, we have seen upturns. we have stories about carmakers in the midwest that are not big enough anymore to drive weaker overall economy. it used to be that we would have these big inventory cycles where they would cut back from the recession and then rebuild, driving the economy out of recession and into of recovery. so, this process we are going troops is long and painful. we are starting to see the seeds of it taking place. host: goods, manufacturing, can it be services as well? guest: think in the facts of foreigners coming here. that is an export in terms of individuals coming here to work, say in restaurants.
india might loose a lot of its educated population to, say, europe or america to pursue higher educati education. we'll finish off those 12 indicators pick any one and talk to us about why it leads to a failed state. guest: i think one of the most important ones we are seeing is the legitimacy of their state. what we are seeing is that their grorment, their state is the issue. issues such as corruption can hit severely against the indicator. with those in mind, we'll look at the top ten failed states of 2010. somalia, chad, sudan, congo, haiti. zimbabwe, afghanistan, central african republic and iraq. guest: 2z no accident some of those countries have ended up at the worst end of the index. if you look at somalia, it is a country experiencing next, what does that mean for the wider world. we see there is enormous refugee flows. we've seen in the last couple of decades where there have been significant concerns here in washington about the ability of terrorists to operate due to the lack of governing. that is really why we should care that these states are there and should really take n
: china. india, japan. that's where we should be looking. host: next caller is bernie from new jersey. good morning. caller: good morning. your two guests are excellent. gives me a good perspective on everything. what scares me is there are no plans and no goals. the no goal part scares me as someone that has grown up with this space program at age 59. i think it is bad planning by this administration. i understand the professor saying we have to set our goals to what we are doing next. if we look at the government like your heart. we have arteries going out and veins coming in. if you are out sourcing, you are getting new technology in all the time. there's a lot that has made our life better through the space program. not just the goal of going to mars or whatever. thank you. very interesting discussion you are having. host: thank you. here is a question on facebook from paul. since the columbia accident, nasa has always had a second shuttle on the pad to perform a second rescue if needed, is it not in place for this launch? guest: it is not in place. this launch was intended to be
, the president that i knew as i came in india, i'm 75, and he created the most debt in the world anybody can hear. then they brought the champion, bush. bush -- the whole war. we were left with the largest debt. i'm a republican. i agree to elect mr. obama. he got the champions. and it's ok to spend the money for -- host: in the meantime, sir -- caller: they have created nothing but messes. host: in the meantime, have you made an attempt to get in touch with your congressman or senator to let them know? caller: yes, i did contact them for the last 70 years and they just gave me lip service and they hardly understand what i am talking about. host: chris in danville, virginia. on our line for democrats. go ahead. caller: i've been watching the coverage and yeah, i've been shooting e-mails back and forth to my representatives and honestly, the only thing that i've been able to figure out so far, the other side's not willing to compromise. they're not willing to talk. they're being to be and act like children. and as a democrat and trusting my country and my government and knowing that this entire co
produced in india. all the illustrations were electronically created in thailand. and all the books were printed overseas. and the client that in these books were for work four american taxpayers children who go to school every day -- kindergarten through the sixth grade -- for american taxpayers's children go to school. the congress and the senate and they get up there and are so pompous about everything. they outsource all of these american jobs. it is disgraceful what they have done to this country. host: trade agreements are on the table this week in discussion on capitol hill with the house smoke ways and means committee taking a look at three agreements for south korea, colombia, and panama. this is "the wall street journal" this morning with a piece about a program attached to the free trade agreement -- trade assistance administration program. it says -- the story continues inside "the wall street journal." elizabeth williamson reports about how much this costs. we will go to mary who has a job in houston, texas. your thoughts. caller: first of all, where does the president think
Search Results 0 to 8 of about 9